NorthMarq Capital arranges $1.85 million refinance of multifamily property in Cincinnati, Ohio
CINCINNATI (March 21, 2017) – Noah D. Juran, vice president of NorthMarq Capital’s Cincinnati regional office, negotiated the $1.85 million refinance of The Cliffs Apartments, a 148-unit multifamily property located at 621 McAlpin Avenue in Cincinnati, Ohio. The transaction was structured with a 10-year interest-only term. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
